Nelson financial adviser sentenced after losing High Court action
Former Nelson financial adviser, Tony Mount has now been sentenced to six years and nine months in prison after being found guilty on 74 dishonesty charges in 2014.
Tuesday, April 18th 2023, 11:28AM
by Kerry Meadows-Bonner
In 2015 he failed to overturn his convictions and was denied the chance to appeal to the Supreme Court.
Mount had stolen $510,671 from 18 investors as a result of inflating the purchase price of investments on their behalf, and deflating the sale price of investments sold or redeemed.
He was convicted in 2017 of further charges of fabricating evidence relating to tampering with his client database, and ordered to pay almost $4 million in a civil case by 20 investors.
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